A central Oregon firm specializing in popular 1031 Exchanges has gone bankrupt, and customers and ex-business partners allege they were deceived. Read about it in today's Oregonian.

Those owed $750,000 or more by Summit 1031 Exchange: A prominent downtown Portland landowner and a Bend-area cattle farmer who got caught up in the mess while trying to buy a larger farm to raise into organic beef.

Summit also had offices in Salt Lake City, Austin, Wyoming, Montana and Washington and creditors/customers extend into those states, bankruptcy filings show.